GCC Capital Markets Newsletter – 3Q25

GCC markets advanced in 3Q25, supported by improved global sentiment, solid non-oil growth, and dovish Fed signals. Equities outperformed, led by Oman and Kuwait, while bond spreads narrowed amid strong demand and record issuance. IPO activity and non-oil momentum stayed resilient, reflecting investor confidence. Looking ahead, fiscal support and diversification reforms are expected to sustain robust regional growth and investment inflows.